Tomorrow is a D-day for Indian market because the magic wand for bringing life to stock market lies in the hands of RBI credit policy as market has already factored in the anticipated move of RBI not be undertaking hike in key rates in the upcoming policy review. The central bank had stated in the last review that there will not be any hike until something drastic happens, and nothing much has happened since then. However if the move by RBI is against the wishes of the market anticipation, than we should be ready to see  the levels of 4320. So keep your fingers crossed and trade only with hot stock for the day as stock specific action is the best way to make money in intraday trading. So do not worry for tomorrow as we are likely to see a pause in the RBI rates and we hope to see a positive closing in the market tomorrow as Nifty 4700 level is going to act as a psychological support for the market.

As of now we see that Nifty and Sensex has almost completed 100 per cent retracement of the previous up move and it has almost retested its low near 4650 and now we need to watch this level because if this level goes than one may see stock market crashing to the levels of 4320 levels in shorter time frame. A positive trend in market will emerge once Nifty starts trading above 4850-5000 mark.

Analysis of today’s market state shows that during the course of the day we saw recovery in the market which came after the release of the primary article inflation numbers for the week as it has come down to 5.48% from 6.92% (WoW). The market breadth, which indicates the overall health of the market, was negative. Out of the 3172 stocks traded on the BSE, 2015 declined, 1025 advanced and 132 remained unchanged.

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Support and Resistances for the Day

Indices	Support	Resistance
Nifty	4700-4685-4650	4780-4806-4850-4950

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	2330 (Rs 50,000 Trading)

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Intraday Trading Tips

Share	Gains (Rs)
Tips	26590

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Future and Options Daily Paid Tips

NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	48690

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Strong future shares at National stock exchange

Mphasis, Welcorp, Tata Comm, Patni, Wipro, TCS, Cipla, Pir Health, Hind Uni Lvr & Alok Text

Weak future stocks  at NSE

Sintex, VIP Ind, Renuka, BalramPur Ch, EKC, Moser Baer, Pantaloon, Nagar Fert. Apil & Suzlon.

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